Dividend Adjustment Amount definition

Dividend Adjustment Amount means the difference between the full amount of the dividend or distribution to the extent payable in cash applicable to one share of our common stock and the dividend threshold amount.

Dividend Adjustment Amount means the amount, applicable to one Common Share, by which the Excess Dividend exceeds the Permitted Dividend.

Dividend Adjustment Amount means, in respect of an Ex-Dividend Date, an amount determined by the Calculation Agent equal to:

Examples of Dividend Adjustment Amount in a sentence

• The Dividend Adjustment Amount shall equal (x) one plus (y) the amount of the distribution paid to shareholders of the Company divided by the difference between (A) the value of the Company’s equity immediately prior to the distribution, as determined by the Board less (B) the amount of such distribution.

• If any such regulatory filing or consent is not made or obtained, then Buyer shall have no obligation to deposit the Dividend Adjustment Amount into the escrow.

• If Buyer elects to have the Bank deposit the Dividend Adjustment Amount into the escrow, Buyer shall so notify Seller, Parent and the Bank in writing at least five Business Days prior to the Closing Date, and Seller and Parent shall cause Bank to deposit the Dividend Adjustment Amount into the escrow provided that all regulatory filings or consents in connection with such deposit have been made or received.

• Subject to Section 2.11, Buyer shall have deposited an amount of cash equal to $67.0 million and the consideration Parent is entitled to receive pursuant to Section 6.18 into escrow as set forth in Section 2.12 and either (i) the Dividend Adjustment Amount shall have been deposited in escrow as provided in Section 2.12 or (ii) Seller shall have in its sole discretion agreed to another procedure for payment of the Dividend Adjustment Amount.

• If the Company, at any time while this Warrant is unexpired and not exercised in full, makes a Liquidating Dividend, then the Warrant Holder shall be entitled to receive upon exercise of this Warrant in addition to the Warrant Shares receivable in connection therewith, and without payment of any consideration other than the Exercise Price, a Liquidating Dividend Adjustment Amount, and an appropriate provision therefor shall be made a part of any such Liquidating Dividend.

More Definitions of Dividend Adjustment Amount

Dividend Adjustment Amount has the meaning given in Section 2.1(c)(ii).

Dividend Adjustment Amount means the amount, if any, by which $37,500,000 exceeds the Dividend.

Dividend Adjustment Amount means the difference between (i) the Aggregate Dividends Owed and (ii) the Aggregate Dividends Paid.

Dividend Adjustment Amount means, (i) to the extent all outstanding shares of PCS Common Stock are converted or recapitalized into shares of any other capital stock or the annual dividend rate on the PCS Common Stock is increased after the date of this Agreement, an amount equal to the regular cash dividends paid on the maximum number of shares of capital stock or PCS Common Stock, as the case may be, purchasable upon the settlement of each Purchase Contract or (ii) if the Company merges, consolidates or consummates any other business combination with, or sells, assigns, transfers, leases or conveys all or substantially all of its assets and properties to, any person or institution that is not organized and existing under the laws of the United States or any U.S. State or the District of Columbia and, as a result, the Contract Adjustment Payments become subject to withholding taxes imposed by one or more non-U.S. jurisdictions, an amount equal to the amount necessary so that the amount of Contract Adjustment Payments actually received by Holders will be the same, net of non-U.S. withholding taxes, as if the non-U.S. withholding taxes were not imposed on the Contract Adjustment Payments.

Dividend Adjustment Amount. The term "Dividend Adjustment Amount" shall have the meaning specified in Section 15.5(e).

Dividend Adjustment Amount means the full amount of the dividend or distribution to the extent payable in Cash applicable to one share of the Class B Common Stock less the Dividend Threshold Amount. The term “Dividend Threshold Amount” means $0.32 per share of Class B Common Stock per Quarter in the case of regular Cash dividends, adjusted in a manner proportional to adjustments made to the Conversion Price other than pursuant to Section 4.06(d) or 4.06(e) and to account for any change in the frequency of payment of regular Cash dividends, and $0.00 in all other cases.

Dividend Adjustment Amount means the full amount of the dividend or distribution to the extent payable in cash applicable to one share of the Common Stock.